Wyoming Work Comp Class Codes

Wyoming Workers Compensation Class Codes

Wyoming Workers Compensation Class Codes

Looking for Wyoming workers compensation class codes? Classifications in Wyoming are governed by the Wyoming Workers’ Safety and Compensation. They are a monopolistic state fund, with a state-controlled workers compensation plan that prohibits private insurers from competitively writing mandatory coverage. Wyoming uses the North American Industry Classification System (NAICS) as their grouping system for work comp classifications.

You can view our online NAICS code list by clicking the image to the right. You can also view this list as published by the United States Census at http://www.census.gov/eos/www/naics/.

For great underwriting products and services for states other than Wyoming, please visit the NCCI online catalog, or the IRMI online catalog.

Work Comp Classification: State-by-Sate Guide





Looking for an index of workers compensation codes for a state other than Wyoming? Use our state-by-state map below! Click on a state to view the correlating list of workers compensation class codes.

Lookup Wyoming Workers’ Comp Codes


You can use the search bar above to find Wyoming workers’ compensation codes. If you know the numeric code you are looking for, you can type it in, and the page for that code will be in the search results. If you do not know the numeric code that you are looking for, try searching “NAICS [Keyword for the industry].” That search query will yield results for any NAICS codes of which the keyword is included in the phraseology of the code.

Wyoming Workers Compensation Rates

Looking for Wyoming workers compensation rates? Visit our page for workers compensation rates by state. Our list contains estimated base rates for the state of Wyoming. Rates will vary from one insurance company to another. Rates will also vary based on other factors such as:

Wyoming Workers Compensation Rates

Wyoming Workers Compensation Rates

 

  • Years in business
  • Experience Modification Rate (MOD)
  • Size of deductible
  • Years of consecutive coverage / gaps in coverage
  • Financial condition of the company
  • Trajection of the company size (increase or decrease)
  • Employee turnover rate
  • Quality of safety programs (if any)
  • Employee return-to-work programs
  • And many other factors!

 

State Resources for Wyoming Workers Compensation

Wyoming Department of Workforce Services
Workforce Center
350 South Washington Street
Afton, WY   83110
Call: (307) 886-9260
URL: http://www.wyomingworkforce.org/

Wyoming Relationship with NCCI

  • State Jurisdiction: Wyoming Workers’ Safety & Compensation
  • NCCI Collects the Following Types of Policy and Unit Statistical Data:
    • Voluntary Compensation (VC)
    • Employers Liability (EL)
    • United States Longshore & Harbor (USL&H)

 

Top 10 Wyoming Workers Compensation Companies By Premiums Written

Need a Wyoming workers compensation quote? Below is a list of the top 10 workers compensation insurance providers in the state of Wyoming by premiums written.

Company NamePremiums WrittenPremiums EarnedLoss RatioLoss & Cost Containment RatioMarket ShareCumulative Market Share
WORKERS’ SAFETY & COMP DIV OF WY240,073240,07385.30%88.90%97.76%97.76%
AMERICAN INTL GRP1,6811,60258.90%54.17%0.68%98.45%
LIBERTY MUT GRP1,014999N/AN/A0.41%98.86%
CHUBB INC GRP608591N/AN/A0.25%99.11%
MUNICH RE GRP54751394.82%104.39%0.22%99.33%
ACE LTD GRP417408167.86%182.45%0.17%99.50%
ZURICH INS GRP38137147.48%52.26%0.16%99.66%
WR BERKLEY CORP GRP199198N/AN/A0.08%99.74%
HARTFORD FIRE & CAS GRP194239N/AN/A0.08%99.82%
QBE INS GRP924715.19%18.87%0.04%99.86%
**STATE TOTAL**245,562245,38384.31%87.81%100.00%100.00%

Source: National Association of Insurance Commissioners

Wyoming Premium Rate Ranking

The state of Wyoming has the 23rd highest workers’ compensation premiums rates, according to the Oregon premium rate ranking study. They have moved up eight positions from their previous rate ranking, which was 31st. Workers’ compensation premiums in Wyoming cost 101% of the national median.

Wyoming Workers Compensation Premium Rate Ranking

 

 

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Wyoming Workers Compensation Classifications